Rental SFR in Perris, CA

Rental SFR in Perris, CA

Property Address

3770 Veronica Ave, Perris, CA 92571
  • Loan Number: 7637
  • APN: 303-711-034
  • County: Riverside
  • Appraised Value: $180,000.00
  • Purchase Price: $180,000.00
  • Loan Amount: $110,000.00
  • Loan Position: 1st
  • Interest: 10.25%
  • LTV (Loan to Value): 62%
  • Term: 36 Months

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Specifics

SUBJECT PROPERTY: 3770 Veronica Ave, Perris, CA 92571
3-bed/2-bath SFR; 1278 sq ft w/attached 2-car garage on a 4356 sq ft lot

APPRAISED VALUE:
$180,000.00
PURCHASE PRICE: $180,000.00 
LOAN AMOUNT: $110,00.00
POSITION: 1st
INTEREST: 10.25%
TERM: 36 mos
LTV: 62%

There is a late charge of 10% of the payment (after 10 days)
There is no prepayment penalty on this loan
This loan includes a balloon payment 

SPECIFICS:  Our borrower is purchasing the subject property as an investment, and will be marketing the property for rent at $1400 per mo.